A Century 21 Redwood Realty Associate Blog
Heather Elias on November 9th, 2009

Leesburg Single Family Homes Leesburg Condos and Townhomes What an interesting year. Going into 2009, I wasn’t sure what to expect from the Loudoun County real estate market. After the tumultuous up and down we have seen in the last five years, it’s reassuring to see stability in our market again. When you look at [...]

Continue reading about Barely a Ripple Since Last Year

Heather Elias on October 30th, 2009

Single Family Home Median Price Condo/Townhome Median Price Inventory It’s easy to get caught up in the weekly fluctuations of the market, but even with those steep ups and downs in the charts, they still only represent a small swing in pricing. Overall, the median price of single family homes in LoCo is within $5,000 [...]

Continue reading about LoCo Seems Drama Free, Stable For Now

Heather Elias on October 22nd, 2009

The market for single family homes seems to be holding steady since June, with median price up about $50,000 since the start of the year, and inventory levels a bit lower. Nice to see some stabilization…hopefully that will continue. Median Price for single family homes in Sterling, VA as of Oct. 16, 2009 is $339,000 [...]

Continue reading about Steady as she goes in Sterling…

Heather Elias on September 23rd, 2009

Round Hill is about as far west in LoCo as you can go and still have a big enough statistical sample to look at. We are taking a peek at 90 day stats for this zip code, because there is not enough data to really look at weekly stats. 90-day stats for Single Family properties [...]

Continue reading about Stats Spotlight: Round Hill Homes

Heather Elias on September 16th, 2009

Here’s a slice of the market in Loudoun County, as of this week…Looking specifically at single family homes in Leesburg, we see the statistics mirroring what is happening in Sterling and Ashburn. Median price has hovered right around $640,000 since June, which is a $40,000 improvement over where that stood in January. Meanwhile, inventory has [...]

Continue reading about Stats Spotlight: Leesburg Gets Stronger

Heather Elias on August 20th, 2009

Here’s the bird’s eye view of the Loudoun County real estate market this week…Looks like things are pretty stable; with the first time homebuyer tax credit driving demand right now, inventory remains low, and days on market are dropping. Prices remain stable as appraisals are conservative (multiple offers are not causing prices to trend up [...]

Continue reading about LoCo Homes Market Now Stable?

Heather Elias on July 8th, 2009

Today, let’s look at market statistics for Loudoun County as a whole. I think we are seeing some emerging trends here,as the statistics are holding true across both single family homes and condo/townhomes. Median price started trending up around the beginning of April, and continues to climb, while the inventory of homes started to drop [...]

Continue reading about Hello, LoCo! My, How the Market Has Changed…

Heather Elias on April 28th, 2009

The most recent market report looked at a current inventory of 1403 homes in Loudoun County. For single family homes, the median price was $548,700,  while for condos and townhomes the median price was $256,026.  As you can see from the chart below, inventory has remained low for single family homes, especially in Sterling.  Median [...]

Continue reading about LoCo Update: Sterling is Hopping!

Heather Elias on April 22nd, 2009

Here are the latest real estate inventory statistics for LoCo…Looks like Sterling took a breather last week after that huge jump in contracts (and coinciding dip in inventory) the week before. Meanwhile, Ashburn saw a bit of action last week, both in the condo/townhome segment as well as the single family home market. Leesburg and [...]

Continue reading about LoCo Inventory of Homes, 4/22

Heather Elias on April 17th, 2009

Here are some charts that compare market behavior for Sterling, Ashburn, Leesburg, and Purcellville. The ‘Condo’ charts include townhomes and condos, and the other charts are single family homes only. First, let’s take a look at the median price for condos and townhomes…looks like Leesburg and Ashburn are holding steady, with a slight dip in [...]

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Continue reading about Inventory and Median Price Across LoCo